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When the Profitability Index is less than 1, the Initial Investment must be _________ to the present value of future cash flows (PVFCF). A. greater

When the Profitability Index is less than 1, the Initial Investment must be _________ to the present value of future cash flows (PVFCF).

A.

greater than

B.

less than

C.

equal to

D.

not enough information

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